Posts by Henry Bonner
OTIF Calculations: Not as Simple as You Might Think
The Philosophy Behind OTIF Calculation On-time, in-full – or OTIF as it’s commonly referred to – was borne of the concept that retail stores need to be able to better manage their supply chain and manage inventories. By putting suppliers’ and shippers’ feet to the fire, retailers can be more responsive to customer demand by…
Predictive Analytics Tools Have Changed Logistics Forever
Predictive Analytics Tools Are Trending Virtually every industry is either already using predictive analytics tools to some degree or is exploring them as part of digital transformation efforts. CIO defines predictive analytics as “a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical…
Predictive Analytics and Supply Chain Network Optimization
The Benefits of Supply Chain Network Optimization The supply chain has a far-reaching impact on the entire organization, making it critical to understand your entire supply chain network. It’s not a once-and-done evaluation. Supply chain network optimization requires continual supply chain assessment. A brief by Supply Chain Dive Supply referenced a recent industry report that…
Managing Risk with Supply Chain Risk Management Software
Taming The Supply Chain Anyone who’s a stakeholder in a supply chain knows that it’s never predictable or stable. Change is constant and risks are abundant. One small disruption to the supply chain can quickly wreak havoc on the entire supply chain, making it critical for companies to be thorough in their risk assessment. You…
Time to Automate Transportation Risk Management
Weather Extremes & COVID-19: How to Enhance Risk Management
It’s Hot Out There It’s no secret that our climate is changing. Every year, we see statistics that show just how much. This spring, the World Meteorological Organization (WMO) released yet another report highlighting the impact of climate change: 2019 was the second warmest year on record 2015-2019 are the five warmest years on record…
Weather Isn’t The Enemy: Use It to Reduce Freight Spend
Weather, Climate, and Natural Disasters Are Major Concerns For shippers, the weather, climate, and natural disasters are often the enemy, causing major supply chain disruptions in the form of delays and even damage to cargo. There’s a good reason for the concern. Major weather events have had a significant impact on businesses and the economy…
3 Steps to Building a Supply Chain Risk Management Plan
Do You Really Need a Supply Chain Risk Management Plan? With the Coronavirus pandemic, we have had the opportunity to see the benefits of a strong supply chain and the vulnerabilities of a weak one. Never before have we needed our supply chains to run smoothly and perhaps never before have they been so tested.…
COVID-19 Case Information Added to Sunrise
In response to the coronavirus (COVID-19) pandemic, we have implemented COVID-19 case information as a Sunrise map layer and have enabled it in all Sunrise accounts. How does it work? The COVID-19 Cases layer is already active in every Sunrise account. Hover over the red circles on the map to see confirmed positive case and death…
On-Time In-Full Commitments Are Achievable with Predictive Intelligence
The OTIF Driver On-time in-full (OTIF) is a relatively new concept that stems from a single driver: customer demand. As consumers become increasingly accustomed to locating, purchasing, and receiving products in a matter of days, their tolerance for anything outside of this new norm is relatively low. Even with understandable circumstances, such as a major…